Highest-materiality recent filing
AMC closes $200M stock offering, redeems $125.5M 6.125% senior notes due 2027
Closed registered direct offering of 95.25M shares for ~$200M gross proceeds.
AMC prices $200M registered direct offering at $2.10/share to redeem 2027 notes
95,250,000 shares of Class A common stock sold at $2.10 per share for gross proceeds of ~$200M.
AMC closes $150M ATM equity offering of ~105.3M shares
Raised $150M via sale of approximately 105.3 million shares, before commissions and fees.
AMC to issue ~142M shares upon exchange of $155.8M exchangeable notes
$155.8M aggregate principal of Senior Secured Exchangeable Notes exchanged for AMC Class A common stock.
AMC Q1 2026: revenue up 21% to $1.05B; best Q1 Adjusted EBITDA since 2019
Total revenue $1,045.4M (+21% YoY); net loss $(117.1)M improved from $(202.1)M; diluted EPS $(0.22) vs $(0.47).
AMC subsidiary Odeon closes $425M term loan at 10.50%, refinances 12.75% notes due 2027
Odeon Finco borrowed $425M in new first-lien term loans at 10.50% fixed interest, maturing April 17, 2031.
AMC registers up to 15.4M shares for resale as consent fees for Muvico note amendments
Filed prospectus supplement registering 15,378,194 shares of Class A common stock for resale by selling stockholders.
AMC signs commitment letter for $425M Odeon refinancing; rate drops to 10.5%
New Odeon senior secured term loan of up to $425M with 10.5% fixed rate, due 2031, replacing 12.75% notes due 2027.
Muvico LLC offering $1,730M first lien notes due 2031; proceeds plus $750M new term loan and cash to redeem Odeon notes and refinance existing term loan.
AMC Q4 revenue $1.29B, net loss $127M; full-year rev up 4.6%, net loss widens to $632M
Q4 total revenue $1,288.3M (-1.4% YoY); net loss improved to $127.4M from $135.6M.
AMC enters $150M at-the-market equity offering and forward transactions with Goldman Sachs
Sales agreement with Goldman Sachs, B. Riley, Yorkville for up to $150M in Class A common stock sales via ATM.
AMC Q4 adj. EBITDA $134M, FY $388M; secures debt refinancing agreement with up to 17.8M share fee
Agreed with Muvico 2029 noteholders to amend indenture, allowing refinancing of term loan and Odeon 2027 notes with new secured debt; consent fee up to 17,806,866 AMC shares.
AMC amends indenture; allows $150M ATM from Feb 2026, pays $6.25M consent fee in stock
Indenture amended to set exchange rate at 87.5% of Unadjusted Exchange Price for Muvico’s Senior Secured Exchangeable Notes due 2030.
AMC stockholders approve doubling authorized shares to 1.1B; board declassification fails
Authorized Class A common stock increased from 550M to 1.1B shares.
AMC Q3 net loss widens to $298M on refinancing charges; revenue down 3.6%
Total revenue $1.30B vs $1.35B Q3 2024; attendance fell 10.3% to 58.4M patrons.
AMC cancels $39.9M in notes due 2030 as part of July refinancing; no shares or cash used
Canceled $39.9M of Senior Secured Exchangeable Notes due 2030; $154.5M remain outstanding.
AMC Q2 2025 revenue up 35.6% to $1.40B; adjusted EBITDA surges 391% to $189.2M
Net loss narrowed to $4.7M from $32.8M; diluted loss per share $(0.01) vs $(0.10).
AMC Entertainment completes $244.4M new money financing & $590M note exchange in refinancing
Consenting 7.5% Noteholders provided $244.4M new money and exchanged $590M existing notes for $857M New 2029 Notes.
AMC notifies conditional full redemption of 2026 notes; tied to $223M private offering
Conditional redemption of 5.875% Senior Subordinated Notes due 2026 and 10%/12% Cash/PIK Second Lien Notes due 2026.
AMC gets >80% term loan lender consents for balance sheet strengthening, $223.3M new financing
Over 80% of Term Loan lenders consented to Transaction Support Agreement, clearing a material condition to proceed.
AMC announces $223M new money financing, $143M debt equitization, and litigation resolution
New money financing of ~$223.3M from 7.5% noteholders to refinance 2026 debt maturities.
AMC Q1 revenue down 9.3% to $862.5M, net loss widens to $(202.1)M
Total revenues $862.5M, down 9.3% YoY; net loss $(202.1)M vs $(163.5)M in Q1 2024.
Q4 total revenues $1,306.4M (+18.3% YoY); net loss $(135.6)M vs $(182.0)M prior year.
AMC completes sale of 50M shares via ATM offering; gross proceeds $183.8M
All 50 million shares under Sales and Registration Agreement sold as of January 15, 2025.
AMC enters ATM offering for up to 50M shares; forwards to raise capital, repay debt
AMC signed sales agreement with Goldman Sachs to sell up to 50M shares of Class A common stock via at-the-market offering.
AMC Q3 net loss $20.7M, revenue down 4.1% YoY, cash $527M, debt extended
Total revenues $1,348.8M (-4.1% YoY); net loss $(20.7)M vs net earnings $12.3M in Q3 2023.
AMC extinguishes $152.9M unsecured debt with 11.09M shares and $103.1M cash
Extinguished $152.9M aggregate principal of unsecured debt between Aug 5 and Sep 30, 2024.
AMC Q2 2024 revenue down 23.5% to $1.03B, net loss of $32.8M
Total revenues $1,030.6M vs $1,347.9M in Q2 2023, down 23.5%.
AMC exchanges $10M of 2026 notes for 1.72M common shares at $6.05 each
On May 15, 2024, AMC issued 1,723,780 shares of Class A common stock in exchange for $10M principal of its 10%/12% PIK Toggle Notes due 2026.
AMC Q2 2024 prelim: rev $1.03B (down 23.5% YoY), net loss $32.8M, adj. EBITDA $29.4M
Total revenues ~$1,030.6M, down 23.5% from $1,347.9M in Q2 2023.
Issued $1.2B new term loan maturing 2029; used to repurchase $1.1B of existing 2026 term loans and exchange for $104.2M Second Lien Notes.
AMC to issue 23.28M shares to exchange $163.85M of 2026 notes
Exchange of $163.85M principal plus $6.87M accrued interest for 23.28M shares of Class A common stock.
AMC completes $250M ATM equity offering of 72.5M shares at ~$3.45/share
Raised ~$250M in new equity capital via at-the-market offering launched March 28, 2024.
AMC Q1 2024 revenue $951.4M, net loss improves to $163.5M, beats consensus estimates
Total revenues $951.4M, down 0.3% YoY; net loss improved to $163.5M from $235.5M.
AMC Q1 prelim revenue $951.4M, net loss $(163.5)M, Adj EBITDA $(31.6)M; ATM raised $41.8M
Revenue $951.4M vs $954.4M YoY; net loss improved to $(163.5)M from $(235.5)M.
AMC enters $250M ATM equity offering to bolster liquidity amid weak Q1 box office
Equity distribution agreement with Citigroup, Barclays, B. Riley, Goldman Sachs to sell up to $250M of Class A common stock.
On February 14, 2025, AMC Entertainment Holdings, Inc. (the “Company”) announced that Mr. Kevin Connor, the Company’s Senior Vice President, General Counsel and Secretary, would be leaving the Company effective March 13, 2025.
Ms. Elizabeth Frank, notified the Company of her resignation from the position of Executive Vice President, Worldwide Programming and Chief Content Officer effective February 7, 2025.
Effective September 12, 2024, the Board of Directors (the “Board”) of AMC Entertainment Holdings, Inc. (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee, fixed the number of directors constituting the Board at 11 directors and elected Marcus Glover as a Class I director to serve until the Company’s 2027 Annual Meeting of Stockholders.
Effective March 1, 2024, the Board of Directors (the “Board”) of AMC Entertainment Holdings, Inc. (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee, fixed the number of directors constituting the Board at 10 directors and elected Sonia Jain as a Class III director to serve until the Company’s 2026 Annual Meeting of Stockholders.
On December 29, 2022, Mr. Lee Wittlinger notified AMC Entertainment Holdings, Inc (the “Company”) of his resignation as a director of the Company effective December 31, 2022.
On December 29, 2022, the Board elected Ms. Denise Clark and Ms. Keri Putnam as directors of the Company effective on January 1, 2023, to fill two existing vacancies on the Board.
On December 29, 2022, the Board elected Ms. Denise Clark and Ms. Keri Putnam as directors of the Company effective on January 1, 2023, to fill two existing vacancies on the Board.
Mr. Colanero currently serves as the Executive Vice President & Chief Marketing Officer of the Company and will retire effective March 31, 2022.
Mr. McDonald currently serves as the Executive Vice President, U.S. Operations of the Company and will retire effective May 19, 2022.
Max materiality 0.85 · Median 0.70 · Most common event debt